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technical analysis, World economy

Gold-to-oil ratio peaks as the Perfect Storm nears

Hereafter an interesting graph tracking how many barrels of oil that a single ounce of gold can buy. This ratio has never ever been this high.
For the last 30 years, when the ratio of gold-to-oil spiked, something systemically serious occurred. Either energy crisis, recessions or wars.

Graph sources from zerohedge.com

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